WGLMR
PAB
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Wrapped Moonbeam(WGLMR) to Panamanian Balboa(PAB). This is the real-time data. The current conversion shows 1 WGLMR at a value of 1 WGLMR for 0.16 PAB . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
PAB information
About Panamanian Balboa (PAB)
The Panamanian Balboa (PAB), introduced in 1904, stands as a unique symbol of Panama's economic history and its close ties with the global economy. It is commonly abbreviated as PAB and represented by the symbol B/. Named after the Spanish explorer Vasco Núñez de Balboa, the currency reflects Panama's strategic role as a global trade hub and its historical linkages with the United States.
Historical Background
The adoption of the Balboa marked a significant chapter in Panama’s financial history, coinciding with the country's independence from Colombia and the beginning of the Panama Canal construction. The Balboa was pegged to the US Dollar at par from its inception, reflecting the economic and political relationship between Panama and the United States, a connection that has remained pivotal to Panama’s monetary policy.
Design and Symbolism
The design of the Panamanian Balboa features iconic national symbols, historical figures, and landmarks that narrate Panama’s rich cultural heritage. Coins bear the image of Vasco Núñez de Balboa, honoring the explorer who influenced Panama's early history. These designs are more than just transactional tools; they resonate with national pride and historical awareness.
Economic Role
As Panama does not issue its own paper currency and uses the US Dollar for all paper money transactions, the Balboa exists primarily in coinage. This unique monetary system underpins Panama's service-based economy, which includes finance, tourism, and the famous Panama Canal. The Balboa’s stability, thanks to its peg to the US Dollar, is crucial for the country’s financial system and economic activities.
Monetary Policy and Stability
The monetary arrangement of using the US Dollar alongside the Balboa coins ensures economic stability, but it also means Panama does not have its own independent monetary policy. This system provides stability and confidence, attracting foreign investment, particularly in the banking and service sectors.
International Trade and the Panamanian Balboa
Given Panama's strategic location and the significance of the Panama Canal, the stability of the Balboa (and its parity with the US Dollar) is crucial in international trade. This stability facilitates the country’s role as a global logistics and trade hub.
Remittances and Economic Impact
Remittances play a significant role in Panama’s economy, with inflows from Panamanians working abroad, especially in the United States. These remittances, converted into Balboas and Dollars, support household incomes and contribute to economic stability.
Bitget crypto-to-fiat exchange data shows that the most popular Wrapped Moonbeam currency pair is the WGLMR to PAB, with for Wrapped Moonbeam's currency code being WGLMR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.
WGLMR to PAB conversion rate trend
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In the past 1D, Wrapped Moonbeam has changed +1.35% to PAB. Based on the trend and price charts, Wrapped Moonbeam(WGLMR) has changed +1.35% to PAB while Panamanian Balboa(PAB) has changed % to WGLMR in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | B/.0.1603 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/20 08:36:05(UTC+0)
How to buy Wrapped Moonbeam
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Buy Wrapped Moonbeam (WGLMR)
Use a variety of payment options to buy Wrapped Moonbeam on Bitget. We'll show you how.
Buy WGLMR (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading does not currently support direct buying of WGLMR with PAB. However, you can buy USDT in Bitget P2P trading first, and then buy WGLMR with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell WGLMR (or USDT) for PAB (Panamanian Balboa) offers
Bitget P2P trading currently does not support direct selling of WGLMR to PAB. However, you can first exchange WGLMR for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of Wrapped Moonbeam to Panamanian Balboa?
Wrapped Moonbeam to Panamanian Balboa is falling this week.Wrapped Moonbeam's current market price is B/. 0.1603 per WGLMR, with a total market cap of B/. 2,044,896.33 PAB based on a circulating supply of 12,757,450 WGLMR. The trading volume of Wrapped Moonbeam has changed by -46.56% (B/. -138,659.09 PAB) in the last 24 hours. Last trading day, WGLMR's trading volume was B/. 297,778.55.
Market cap
$2.04M
24h volume
$159.12K
Circulating supply
12.76M WGLMR
Conversion tables
The exchange rate of Wrapped Moonbeam is decreasing.1 WGLMR is currently valued at B/. 0.1603 PAB , which means buying 5 WGLMR will cost B/. 0.8015 PAB . Similarly, B/.1 PAB can be traded for 6.24 WGLMR, and B/.50 PAB can be converted to 311.93 WGLMR, excluding any platform or gas fees.
The exchange rate of 1 WGLMR to Panamanian Balboa has changed by -17.72% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.35%, reaching a high of 0.2312 PAB and a low of 0.2152 PAB . One month ago, the value of 1 WGLMR was B/. 0.2346 PAB , which represents a -25.28% change from its current value. Over the last year, Wrapped Moonbeam has changed by , resulting in a change of -15.60% in its value.
-B/.
0.04060PABWGLMR to PAB
Amount
14:18 today
0.5 WGLMR
B/.0.08015
1 WGLMR
B/.0.1603
5 WGLMR
B/.0.8015
10 WGLMR
B/.1.6
50 WGLMR
B/.8.01
100 WGLMR
B/.16.03
500 WGLMR
B/.80.15
1000 WGLMR
B/.160.29
PAB to WGLMR
Amount14:18 today
0.5PAB3.12 WGLMR
1PAB6.24 WGLMR
5PAB31.19 WGLMR
10PAB62.39 WGLMR
50PAB311.93 WGLMR
100PAB623.87 WGLMR
500PAB3,119.34 WGLMR
1000PAB6,238.68 WGLMR
Today vs. 24 hours ago
| Amount | 14:18 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 WGLMR | $0.08015 | $0.07868 | +1.35% |
| 1 WGLMR | $0.1603 | $0.1574 | +1.35% |
| 5 WGLMR | $0.8015 | $0.7868 | +1.35% |
| 10 WGLMR | $1.6 | $1.57 | +1.35% |
| 50 WGLMR | $8.01 | $7.87 | +1.35% |
| 100 WGLMR | $16.03 | $15.74 | +1.35% |
| 500 WGLMR | $80.15 | $78.68 | +1.35% |
| 1000 WGLMR | $160.29 | $157.36 | +1.35% |
Today vs. 1 month ago
| Amount | 14:18 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 WGLMR | $0.08015 | $0.1173 | -25.28% |
| 1 WGLMR | $0.1603 | $0.2346 | -25.28% |
| 5 WGLMR | $0.8015 | $1.17 | -25.28% |
| 10 WGLMR | $1.6 | $2.35 | -25.28% |
| 50 WGLMR | $8.01 | $11.73 | -25.28% |
| 100 WGLMR | $16.03 | $23.46 | -25.28% |
| 500 WGLMR | $80.15 | $117.3 | -25.28% |
| 1000 WGLMR | $160.29 | $234.6 | -25.28% |
Today vs. 1 year ago
| Amount | 14:18 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 WGLMR | $0.08015 | $0.1004 | -15.60% |
| 1 WGLMR | $0.1603 | $0.2009 | -15.60% |
| 5 WGLMR | $0.8015 | $1 | -15.60% |
| 10 WGLMR | $1.6 | $2.01 | -15.60% |
| 50 WGLMR | $8.01 | $10.04 | -15.60% |
| 100 WGLMR | $16.03 | $20.09 | -15.60% |
| 500 WGLMR | $80.15 | $100.45 | -15.60% |
| 1000 WGLMR | $160.29 | $200.89 | -15.60% |
Wrapped Moonbeam price prediction
What will the price of WGLMR be in 2025?
Based on WGLMR's historical price performance prediction model, the price of WGLMR is projected to reach $0.3952 in 2025.
What will the price of WGLMR be in 2030?
In 2030, the WGLMR price is expected to change by +6.00%. By the end of 2030, the WGLMR price is projected to reach $0.4665, with a cumulative ROI of +191.06%.
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Popular Wrapped Moonbeam conversions
Check out these popular currency conversions of Wrapped Moonbeam to several fiat currencies.
Wrapped Moonbeam to USD
1 WGLMR to $ 0.1603 USD
Wrapped Moonbeam to GBP
1 WGLMR to £ 0.1265 GBP
Wrapped Moonbeam to EUR
1 WGLMR to € 0.1517 EUR
Wrapped Moonbeam to KRW
1 WGLMR to ₩ 223.7 KRW
Wrapped Moonbeam to CAD
1 WGLMR to $ 0.2240 CAD
Wrapped Moonbeam to AUD
1 WGLMR to $ 0.2462 AUD
Wrapped Moonbeam to JPY
1 WGLMR to ¥ 24.95 JPY
Wrapped Moonbeam to BRL
1 WGLMR to R$ 0.9254 BRL
Wrapped Moonbeam to CNY
1 WGLMR to ¥ 1.16 CNY
Wrapped Moonbeam to TWD
1 WGLMR to NT$ 5.21 TWD
Popular cryptocurrencies to PAB
Explore other cryptocurrencies based on your interest in Wrapped Moonbeam.
XRP to PAB
1 XRP to B/. 1.14 PAB
Eesee to PAB
1 ESE to B/. 0.04043 PAB
Solana to PAB
1 SOL to B/. 242.09 PAB
MAD to PAB
1 MAD to B/. -- PAB
Dogecoin to PAB
1 DOGE to B/. 0.3954 PAB
Bonk to PAB
1 BONK to B/. 0.{4}5421 PAB
Bitcoin to PAB
1 BTC to B/. 94,562.33 PAB
Cardano to PAB
1 ADA to B/. 0.8386 PAB
Pepe to PAB
1 PEPE to B/. 0.{4}2048 PAB
Usual to PAB
1 USUAL to B/. -- PAB
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Wrapped Moonbeam and PAB.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Wrapped Moonbeam and PAB. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Wrapped Moonbeam in PAB, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
